Remittances Surge 14% to $10.9 Billion in First Quarter of FY27
KARACHI: Workers’ remittances to Pakistan rose by 14 percent to $10.9 billion during the first quarter of the fiscal year 2027, as reported by...
Business
EU Unveils €21B Critical Minerals Strategy Amid Rising China Trade Friction
BRUSSELS: The European Union has unveiled an ambitious €21 billion initiative to secure its critical raw materials supply chain, bracing for potential trade disruptions...
NEPRA Notifies Wheeling Charges for Open-Access Electricity Market
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has officially notified the use-of-system charges (UoSC) ranging from Rs6.23 to Rs19.62 per unit for bulk...
Tesla Rebrands ‘Full Self-Driving’ to ‘Assisted Driving’ in Europe
LONDON: Tesla has officially renamed its ‘Full Self-Driving’ feature to ‘Assisted Driving’ in Europe, effective immediately. This change comes as the company seeks to...
Flour Millers Increase Prices Again Amid Sindh Wheat Stock Release Plans
KARACHI: Flour millers in Sindh have raised prices by Rs6 per kg, adding to a total increase of Rs20 per kg in just a...
Government Increases Customs Duty on Tyres and Motorcycle Parts Imports
ISLAMABAD: The Pakistani government has raised the additional customs duty (ACD) on the import of locally produced tyres and motorcycle parts, a decision made...
Minister Orders Enhanced Monitoring of Food Prices Amid Rising Costs
ISLAMABAD: The National Price Monitoring Committee (NPMC) convened on Wednesday to address the widening gap between wholesale and retail prices of essential commodities, as...
Pakistan Stock Exchange Dips Despite $1.2bn IMF Agreement Boost
KARACHI: The Pakistan Stock Exchange (PSX) experienced a downturn on Thursday, following an initial surge fueled by a staff-level agreement (SLA) between Pakistan and...
US Imposes Sanctions on Indian, UAE, and Turkish Firms Over Iranian Oil Trade
WASHINGTON: The United States has announced sanctions against several firms and individuals linked to oil trade with Iran, targeting entities from India, the UAE,...
Pakistan’s Foreign Exchange Reserves Increase by $27 Million This Week
ISLAMABAD: Pakistan’s foreign exchange reserves have risen by $27 million during the week ending October 2, 2026, reaching a total of $26.797 billion, as...